TY - BOOK AU - Ellerman,A.Denny TI - Markets for clean air: the U.S. acid rain program SN - 9780521023894 AV - HC110.A4 M37 2000 U1 - 363.7387 21 PY - 2000/// CY - New York PB - Cambridge University Press KW - Emissions trading KW - United States KW - Air quality management KW - Government policy KW - Acid rain KW - Environmental aspects N1 - Includes bibliographical references and index; 1; A Market-Based Experiment --; 2; A Political History of Federal Acid Rain Legislation --; 3; The Political Economy of Allowance Allocations --; 4; The Pre-1995 Trend in SO[subscript 2] Emissions --; 5; Title IV Compliance and Emission Reductions, 1995-97 --; 6; Emissions Trading: The Effect on Abatement Behavior --; 7; Emissions Trading: Development of the Allowance Market --; 8; Title IV's Voluntary Compliance Program --; 9; Cost of Compliance with Title IV in Phase I --; 10; Cost Savings from Emissions Trading --; 11; Errors, Imperfections, and Allowance Prices --; 12; Concluding Observations --; Appendix; Effect of Title IV on SO[subscript 2] Emissions and Heat Input; Susanne M. Schennach N2 - "Markets for Clean Air provides a comprehensive, in-depth description and evaluation of the first three years' experience with the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradable emission permit system for achieving environmental goals; The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program."--BOOK JACKET ER -